Most Recent Articles in Facts About Identity Theft

According to many recently published surveys, the credit card industry in the U.S. is growing at a rapid rate and some statistical reports show that at least 81% American household has at least a single credit card used by any of the family members. There is no doubt that the convenience of cashless shopping has been the major motivating factor in this regard, but if one thinks that credit card is about convenience – he is certainly making a mistake. … (more) February 20, 2014

Stealing of personal identification information is known as identity theft. This is happening all the time! People hack into your secure information and use it for nefarious purposes without your knowledge. It may include use of your name and date of birth or theft of numbers associated with your Social Security, driver’s license, and credit cards. The thief may commit all kinds of fraud and even set you back financially to a high degree. With our technology dependency increasing continuously … (more) October 7, 2013

The online nature of modern payment systems is considered to be the root of identity theft. Modernly economy significantly depends on sellers selling good and offering services to strangers with an assurance of being paid later. This type of transactions is heavily dependent on specific data and credit record of the potential customers. Identity theft is the process of acquiring enough data on an individual citizen so that their identity can be counterfeited to take undue financial advantages. It … (more) September 18, 2013

You’ve finished your shopping and you’re at the counter ready to pay. You’re confident that you’ll pay for everything with your credit card. She walks away to swipe for your card but returns moments later shaking her head, “It did not go through.” After she’s tried it several times, it still does not go through. A trip to the credit card company and you realize someone has been using your credit card without your knowledge. This is probably a case … (more) March 14, 2013

You have now learnt what credit scores and credit reports are. You have been working hard to improve your score and reap the benefits that go with a clean credit report. Even though you have worked hard, you might not be out of the woods yet. In the recent past identity theft has been on the rise. This is a form of ‘white collar’ crime whereby a person obtains your personal information and uses it to get a loan, credit … (more) February 21, 2013

Numerous people experienced identity theft in the past. Some of them found out about the identity theft months after this happened, when they received letters from banks and financial institutions informing them that they owe big amounts of money and that in case they won’t do anything regarding these debts, the law will be applied. Receiving a letter in which you are informed that you owe $15,000 or who knows what huge amounts can be shocking. What do you do … (more) January 18, 2013

Identity theft is one of the silent crimes that are commonplace today. The victim will not even notice that his identity has been stolen for at least a few months. People involved in this crime act meticulously by gathering personal information of a person to make quick profits. In general, the gathered information will be used to open a new account after changing the communication address. The new credit card will be maxed out within a short period of time. … (more) October 28, 2012

This is not the theme of the latest sci-fi flick. More than 9 million Americans suffer from identity theft in the US. All kinds of personal information like name, credit card number, phone number, and social security number has paved the way for identity theft. Identity thieves use discarded bills and other fraudulent means of obtaining personal information. After all, individuals are not always known personally at banks or shops. They are only identified by their personal details. Identity theft … (more) February 15, 2012

The concept of identity is perhaps one that is better associated with the psychological field more than with anything else. One particular cliché that speaks towards the importance of identity is perhaps the “are you” line and it is just one among the many others. It has always been important for people to take care of themselves and to cultivate their identity in the process. This is done best by adhering to the things that one is comfortable and happy … (more) January 10, 2012

Identity is indeed very important. It is identity by which the things of this world go by and allows for them to be recognizable. It is for instance the identity of the mountains to be tall and sturdy as it is the sun’s identity to be warm and bright. Animals and plants as well go by identities. Sharks and snakes are known by their identities as nature’s most fearsome killers while roses and daisies are identified by their beautiful appearances … (more) January 5, 2012